rjun212

Squeeze - The Secret to Successful Breakouts!

Long
NSE:KRISHANA   KRISHANA PHOSCHEM LTD
The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the breakout increases significantly.

#breakout #trading #squeeze #krishana

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.